Financial Definition of First-In-First-Out (Fifo)
Meaning of First-In-First-Out (Fifo)
A method of valuing the cost of goods sold that uses the cost of the oldest item in inventory first.
Related Entries of First-In-First-Out (Fifo) in the Encyclopedia of Law Project
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First-In-First-Out (Fifo) in Historical Law
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What is First-In-First-Out (Fifo)?
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